Yangzhou Guangling District Taihe Rural Micro-finance Co (HKSE:01915) Scaled Net Operating Assets: 0.96 (As of Jun. 2024)

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HKSE:01915 Yangzhou Guangling District Taihe Rural Micro-finance Co Ltd HKSE:01915
4 GF Score
Price HK$0.27
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What is Yangzhou Guangling District Taihe Rural Micro-finance Co Scaled Net Operating Assets?

Yangzhou Guangling District Taihe Rural Micro-finance Co HKSE:01915 4 Scaled Net Operating Assets is 0.96 as of Jun. 2024. GuruFocus rates HKSE:01915 with a GF Score™ of 4/100.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Yangzhou Guangling District Taihe Rural Micro-finance Co's operating assets for the quarter that ended in Jun. 2024 was HK$949.76 Mil. Yangzhou Guangling District Taihe Rural Micro-finance Co's operating liabilities for the quarter that ended in Jun. 2024 was HK$20.93 Mil. Yangzhou Guangling District Taihe Rural Micro-finance Co's Total Assets for the quarter that ended in Dec. 2023 was HK$970.09 Mil. Therefore, Yangzhou Guangling District Taihe Rural Micro-finance Co's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2024 was 0.96.

HKSE:01915
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Yangzhou Guangling District Taihe Rural Micro-finance Co Ltd HKSE:01915
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Yangzhou Guangling District Taihe Rural Micro-finance Co Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Yangzhou Guangling District Taihe Rural Micro-finance Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(969.787-14.937)/1002.597
=0.95

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=970.092 - 0.305
=969.787

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=16.616 - 1.679 - 0
=14.937

Yangzhou Guangling District Taihe Rural Micro-finance Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2024 )
=(Operating Assets (Q: Jun. 2024 )-Operating Liabilities (Q: Jun. 2024 ))/Total Assets (Q: Dec. 2023 )
=(949.759-20.934)/970.092
=0.96

where

Operating Assets(Q: Jun. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=949.791 - 0.032
=949.759

Operating Liabilities(Q: Jun. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=21.846 - 0.912 - 0
=20.934

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Scaled Net Operating Assets of 0.96 mean?
Yangzhou Guangling District Taihe Rural Micro-finance Co (HKSE:01915) has a Scaled Net Operating Assets of 0.96 as of Jun. 2024. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Yangzhou Guangling District Taihe Rural Micro-finance Co and its competitors.
Is Yangzhou Guangling District Taihe Rural Micro-finance Co's Scaled Net Operating Assets too high?
Yangzhou Guangling District Taihe Rural Micro-finance Co's current Scaled Net Operating Assets is 0.96. Overall, Yangzhou Guangling District Taihe Rural Micro-finance Co has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Yangzhou Guangling District Taihe Rural Micro-finance Co's Scaled Net Operating Assets compare to V and MA?
Yangzhou Guangling District Taihe Rural Micro-finance Co's Scaled Net Operating Assets of 0.96 can be compared against companies in the Credit Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Credit Services company?
A good Scaled Net Operating Assets depends on the Credit Services industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Yangzhou Guangling District Taihe Rural Micro-finance Co and its competitors. Yangzhou Guangling District Taihe Rural Micro-finance Co's current Scaled Net Operating Assets is 0.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yangzhou Guangling District Taihe Rural Micro-finance Co stock overvalued right now?
Yangzhou Guangling District Taihe Rural Micro-finance Co (HKSE:01915) has a current Scaled Net Operating Assets of 0.96. The current Scaled Net Operating Assets is 0.96. Yangzhou Guangling District Taihe Rural Micro-finance Co's overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Yangzhou Guangling District Taihe Rural Micro-finance Co (HKSE:01915), the current Scaled Net Operating Assets is 0.96 as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Yangzhou Guangling District Taihe Rural Micro-finance Co Business Description

Address Beizhou Road, Lidian Town, Guangling District, Jiangsu Province, Yangzhou, CHN
Yangzhou Guangling District Taihe Rural Micro-finance Co Ltd is engaged in the microfinance business. The company offers micro and small loans in two formats, term loans, and loans under the credit facility to its customers. Its services are the granting of loans to Agriculture, Rural Areas, and Farmers, provision of financial guarantees, acting as a financial institution agent, and other financial businesses. The group's revenue is generated from the provision of loans to small and medium-sized and micro enterprises located in Yangzhou, Jiangsu Province in the PRC.
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